TSMC reported third-quarter revenue of NT$1.49 trillion ($46.36 billion), exceeding the expected NT$1.47 trillion, and net income of NT$763.1 billion, which was above the anticipated NT$746.34 billion. This marks the sixth consecutive quarter of record net profits, reflecting a 68.7% year-over-year increase.
The company's operating margin reached 58.7%, surpassing its guidance of 58%, indicating significant pricing power amid the ongoing AI chip demand. In terms of revenue breakdown, 3-nanometer chips contributed 33%, while high-performance computing platforms accounted for 68% of total revenue. The automotive segment showed the fastest growth, increasing by 23% quarter-over-quarter.
TSMC's free cash flow also rose dramatically to NT$476.56 billion from NT$139.38 billion a year earlier. Additionally, the board approved a cash dividend of NT$7.00 for the second quarter.
TSMC continues to expand its U.S. manufacturing capabilities, with a planned investment of $265 billion in Arizona and potential further investments in Texas, which underscores its commitment to enhancing its production footprint in response to growing global demand